Free webinar will be held Sept. 25.
Social media tips for small businesses
Conference will be held Oct. 8-9 in Raleigh, N.C.
U.K. manufacturers look to Midwest to fuel growth.
Open meeting to include dinner and speaker.
SBA to award $8 million to promote small business exporting.
Museum of Science Fiction to build preview museum.
Mobilized its workforce of 3,000 associates at major facilities in eight countries into thinking globally and acting locally.
The novelty of 3-D printing is now giving way to widespread use by designers.
A grant to develop advanced textiles that will allow open sea cultivation of seaweed for use as a sustainable biomass fuel.
Decree 074 stimulated internal apparel production, disciouraged import of counterfeit products and generated jobs.
Launched the Certified Mill Program to recognize textile manufacturers.
A Rose Brand company, will be the exclusive distributor of maritime fabrics from Schmitz Werke.
Textile pioneer will be missed.
A step up from OEKO-TEX's STeP certification process for all sectors of the textile supply chain that need to validate sustainability credentials.
In an IFAI business climate survey, three factors constraining growth in the U.S. specialty fabrics market were mentioned: high raw material costs, overseas competition, and high oil/energy prices. From September –December 2008, high raw material and petroleum-related prices were exacerbated by tighter credit markets and record unemployment.
Survey respondents reported some positive factors: increasing market share due to increased consolidation, greater export opportunities, and development of new technology and growth in eco-friendly green markets. Growth markets include medical textiles, military applications, safety and protective products, and the domestic and international use of geosynthetics.
Increases in raw material and energy costs, increased labor costs and medical insurance premiums and the possible long-term shrinkage of the military market were mentioned as threats to growth. The poor economy means a weak U.S. dollar, tighter credit and reduced consumer buying. Overcapacity could be a problem, due to increased costs, decreased customer demand and global competition, especially from China and India.
In response, suppliers will focus on high value products, profitable niche markets and product diversification, improving manufacturing processes, R&D and information technology. Advertising, marketing and sales promotion will be key.
From the 2009 State of the Industry Report. Purchase a complete report at the IFAI Bookstore.